M&A Activity • Jun 30, 2020
M&A Activity
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The company is based in Germany and holds two manufacturing sites serving major first and second tier customer base for automotive, white goods and general industrial applications.
Together with the existing Plati Platform, the joint forces can now serve a broader value chain and consequently increase customer service and centricity. With its two manufacturing sites in Eastern Europe and the acquired raw material supply from NMD Plati's growth will be accelerated and synergies in single digit millions can be realized.
"The foreseen transaction underlines Mutares approach of buy-and-build for stable, profitable businesses such as our Plati Group. The acquisition of NMD is a great opportunity to accelerate the growth and profitability of both companies and creates increased shareholder value", says Johannes Laumann CIO of Mutares.
Mutares SE & Co. KGaA, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2019, Mutares' portfolio companies generated consolidated revenues of EUR 1,016 million and employed more than 6,500 people worldwide. The shares of Mutares SE & Co. KGaA are listed on Frankfurt Stock Exchange under the ticker symbol "MUX" (ISIN: DE000A2NB650).
For further information please contact:
Mutares SE & Co. KGaA Investor Relations Tel. +49 89 9292 7760 Email: [email protected] www.mutares.com
CROSS ALLIANCE communication GmbH Susan Hoffmeister Tel. +49 89 1250 90330 Email: [email protected] www.crossalliance.de
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